MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0024828
Turnkey Electrical Engineers Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.9 Cr
▲ 18% YoY
Net profit · FY 2024
₹17.87 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹1.09 Cr
EBITDA margin 4.4%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹68.8 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
59
Provident fund records
About Turnkey Electrical Engineers Private Limited
Data last updated:
Turnkey Electrical Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 21 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1992PTC064956. Its GSTIN is 27AAACT1459M1Z1 (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Bhavesh Navinchandra Goradia and Maya Bhavesh Goradia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.9 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹17.87 Lakh (net margin 0.7%) and EBITDA of ₹1.09 Cr (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Turnkey Electrical Engineers. As per MCA filings, the company has open charges of ₹68.8 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending.
Turnkey Electrical Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0024828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turnkeyengg.com.
Company details
CIN U31200MH1992PTC064956
Registration Number 064956
Incorporation Date 21 January 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0024828
Recognitions & Rankings of Turnkey Electrical Engineers
Contact details
Turnkey Electrical Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is turnkeyengg.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address0 – 17 & 18 Floor – 3 Plot – 236 Teckchand Niwas, Sion Road No 32 Gtb Ngr Rly Stn Sion (E), Mumbai, Maharashtra, India – 400022
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Turnkey Electrical Engineers Private Limited, buy the company report.
Comprehensive company report
Turnkey Electrical Engineers Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Turnkey Electrical Engineers operates one associated brand: Turnkey Electrical Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical engineering services including HT and LT systems, HVAC, and security in India. | turnkeyengg.com |
Business activity
The main business activity of Turnkey Electrical Engineers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Turnkey Electrical Engineers Private Limited, buy the company report.
Financials of Turnkey Electrical Engineers Private Limited
FY 2024 filings availableTurnkey Electrical Engineers Private Limited reported revenue of ₹24.9 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹24.9 Cr ▲ 18%
Net profit · FY 2024
₹17.87 Lakh margin 0.7%
EBITDA · FY 2024
₹1.09 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 27%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▼ 6%
5 years · compounded
▼ 9%
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 45% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Turnkey Electrical Engineers Private Limited, buy the company report.
Board of directors of Turnkey Electrical Engineers Private Limited
Turnkey Electrical Engineers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Navinchandra Goradia | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
| Maya Bhavesh Goradia | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Turnkey Electrical Engineers Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyclic Energy Power Private Limited | ₹25.07 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Pioneer Engineers & Projects (India) Private Limited | ₹24.92 Cr (FY 2025) | 35.0% | Secunderabad, Telangana, India | |||
| Sunpower India Ventures Private Limited | ₹24.91 Cr (FY 2025) | -15.0% | Pune, Maharashtra, India | |||
| Turnkey Electrical Engineers Private Limitedthis company | ₹24.9 Cr (FY 2024) | ₹17.87 Lakh | 0.7% | 18.0% | 59 | Mumbai, Maharashtra, India |
| Shanti Conductors Pvt Ltd | ₹24.6 Cr (FY 2025) | 3837.0% | Guwahati, Assam, India |
To see the full peer comparison of Turnkey Electrical Engineers Private Limited, buy the company report.
Auditor
Turnkey Electrical Engineers Private Limited is audited by KMPS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KMPS & Associates | FY 2023 | 115956W |
Shareholding
The shareholding of Turnkey Electrical Engineers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Turnkey Electrical Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2016 | 100069330 | Others | ₹2 Cr | Open | |
| 28 Sep 2016 | 100059846 | Others | ₹12.5 Cr | Open | |
| 19 Oct 2015 | 10601158 | Janakalyan Sahakari Bank Limited | ₹4.5 Cr | Open | |
| 19 Oct 2015 | 10601155 | Janakalyan Sahakari Bank Limited | ₹1.4 Cr | Open | |
| 11 Mar 2015 | 10572024 | Janakalyan Sahakari Bank Limited | ₹4.72 Cr | Open |
To see the full charge records of Turnkey Electrical Engineers Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Turnkey Electrical Engineers Private Limited has 10 court cases on record: 5 filed by Turnkey Electrical Engineers, 5 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
5
Filed against the company
5
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 1 |
| District courts | 4 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against Nirmal Lifestyle (Kalyan) Pvt Ltd Ors and 4 others | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Future Metals Pvt.Ltd.And 4 Ors. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Future Metals Pvt Ltd and 4 Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Future Metals Pvt Ltd and 4 Ors | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Future Metals Pvt.Ltd.And 4 Ors. and 3 others | Disposed |
To see the full case history of Turnkey Electrical Engineers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Turnkey Electrical Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Turnkey Electrical Engineers Private Limited has a workforce of 59 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
3.51%
GST
Turnkey Electrical Engineers has 7 GST registrations: 1 active and 6 cancelled or inactive.
Total GSTINs
7
Active
1
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1459M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Turnkey Electrical Engineers Private Limited, buy the company report.
Recent activity
Turnkey Electrical Engineers Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Bhavesh Navinchandra Goradia was appointed as Director on 01 Feb 2022.
AGM
Turnkey Electrical Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 12.50 Cr registered on 28 Sep 2016 with Charge ID 100059846 was modified on 16 Jul 2024.
Charges
A charge with Others of Rs. 12.50 Cr registered on 20 Dec 2014 with Charge ID 10540545 was modified on 16 Jul 2024.
Filing
Turnkey Electrical Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Bhavesh Navinchandra Goradia was appointed as Director.
Appointed
Maya Bhavesh Goradia was appointed as Director.
Ceased
Atul Navinchandra Goradia ceased to be Additional Director.
Ceased
Chetna Atul Goradia ceased to be Additional Director.
Ceased
Ajay Rampal Jaysawal ceased to be Director.
Ceased
Bhavesh Navinchandra Goradia ceased to be Managing Director.
Ceased
Maya Bhavesh Goradia ceased to be Director.
Ceased
Pravin Sudhakar Shinde ceased to be Director.
25 earlier events are in the company report.
Frequently asked questions
Turnkey Electrical Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 21 January 1992 (34+ years old) and is registered under CIN U31200MH1992PTC064956.
Turnkey Electrical Engineers has 2 current directors:
- Bhavesh Navinchandra Goradia - Director
- Maya Bhavesh Goradia - Director
The latest financial statements of Turnkey Electrical Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Turnkey Electrical Engineers is 27AAACT1459M1Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Turnkey Electrical Engineers is U31200MH1992PTC064956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turnkey Electrical Engineers has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Turnkey Electrical Engineers was incorporated on 21 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Turnkey Electrical Engineers by revenue are Cyclic Energy Power Private Limited, Pioneer Engineers & Projects (India) Private Limited, Sunpower India Ventures Private Limited, Shanti Conductors Pvt Ltd, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Bhavesh Navinchandra Goradia was appointed as Director on 01 Feb 2022. Maya Bhavesh Goradia was appointed as Director on 01 Feb 2022. Atul Navinchandra Goradia ceased to be Additional Director on 30 Sep 2019. Turnkey Electrical Engineers has 9 board changes on record in total.
Yes, Turnkey Electrical Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0024828).
Turnkey Electrical Engineers can be reached through the website turnkeyengg.com. Its registered office is in Mumbai, Maharashtra, India.
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